Step 1.
- Chill an Old Fashioned glass by filling it with ice water and set aside.
Step 2.
- In a separate mixing glass, muddle the sugar cube with the Angostura bitters and a few drops of Peychaud's bitters until dissolved.
Step 3.
- Add ice to the mixing glass and pour in the Cachaça. Stir well until chilled.
Step 4.
- Discard the ice water from the chilled Old Fashioned glass.
Step 5.
- Rinse the glass with absinthe, coating the interior, then discard the excess.
Step 6.
- Strain the Cachaça mixture into the coated glass.
Step 7.
- Garnish with a lemon twist, expressing the oils over the drink before placing it on the rim.